Settings8H · net · $10k
Funding arb · Price arb /

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.008%
Price spread now: HTX against Paradex+0.068%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$450.455% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.021%+$2 on $10k
Price spread, last 3 days (all we have)+0.113%+$11 · spread now +0.068%, 7d avg +0.175%
Together, before fees+0.134%+ Points / potential airdropParadex: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.108% cheaper against Paradex than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.175%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PAXG-USD-PERP4,362.90.0100pay 0.0100% / 8h13m 06s$81K$3.7M50x
ShortHTX PAXG-USDT4,365.90get 0.0000% / 4h13m 06s$912K$645K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Paradex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21
Price spread: +0.068% → +0.175%
−$10.78
Slippage, 4 orders
−$29.47
Fee Paradex: 2 bp × 2 orders
−$4
Fee HTX: 6 bp × 2 orders
−$12
Net
−$77.25
Costs to cover
0.455%
Break-even
never at this rate
Slippage from Paradex: live order book, 1 min ago; HTX: live order book, 66 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex live order book, 1 min ago2.25 bp4.2 bp −$495.5 bp −$955doesn't fitdoesn't fit
Sell HTX live order book, 66 min ago0.01 bp12.2 bp −$1213.7 bp −$13716.6 bp −$1,663doesn't fit

PAXG on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PAXG/USDC PERP−0.0007%1h4,347.3−0.359%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,362.4−0.013%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,365.1+0.049%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,360.1−0.065%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,366.5+0.081%$7.9M$866K50xas long as short
HTX PAXG-USDTshort0.0000%4h4,365.9+0.068%$912K$645K75x
Lighter PAXG+0.0096%1h4,362.1−0.019%$1.4M$272K25xas long as short
Paradex PAXG-USD-PERPlong+0.0100%8h4,362.9long leg$81K$3.7M50x
Hyperliquid PAXG+0.0100%1h4,362.8−0.003%$20.5M$1.9M10xas long as short
Aster PAXGUSDT+0.0100%4h4,364.1+0.026%$910K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,364.3+0.031%$1.0M$354K10xas long as short
Binance PAXGUSDT+0.0100%4h4,362.5−0.010%$80.0M$69.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,364.5+0.036%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,361.2−0.041%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,365.5+0.059%$27.4M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,363.3+0.008%$9.7M$14.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,363.5+0.013%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,363.9+0.021%$1.4M$972K50xas long as short
Variational Omni PAXG+0.0100%4h4,363.3+0.008%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,363.1+0.004%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,362−0.021%$264K$794K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,363.1+0.003%$56010xas long as short
Phemex PAXGUSDT+0.0100%4h4,360−0.068%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,362.7−0.006%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0152%1h4,364.3+0.032%$48K$143K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,363.1+0.004%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0285%1h4,363.9+0.022%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,367.2+0.097%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0968%1h4,373.5+0.242%$29K$23K10xas long as short